Determine the key communication components of the total rewards system.

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Determine the key communication components of the total rewards system.
1. Create a brief overview of the company requirements for a total rewards system.
2. Formulate a total rewards strategy to encompass the fundamentals of compensation and the regulatory environments.
3. Explain the advantages of the total rewards strategy you are proposing and how it might satisfy the employees’ needs.
4. Determine the key communication components of the total rewards system.
5. Indicate your strategy for devising a competitive pay structure